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Written by RobertHall
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Wednesday, 23 December 2009 |
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What is money? Isn't cash just pieces of paper with value imputed to it by government systems. Let me ask you one thing though-- have you ever thought about what makes money valuable? What is it that makes it a worthwhile commodity to have?
by RobertHall
What is money? Isn't cash just pieces of paper with value imputed to it by government systems. Let me ask you one thing though-- have you ever thought about what makes money valuable? What is it that makes it a worthwhile commodity to have?
We have discussed about the attributes of money and effective methods on making money. We learn about how to gain financial freedom and we have looked up all the facts on wealth building that we know. This is beneficial for us but there is one more quality you must know about money-money must circulate.
Money is worthwhile only if it is circulated. Your efforts on making money will become a waste if you are not going to cash in your check and use the proceeds. Seems easy enough to grasp but you will be surprised that people still don't know this truth and sacrifice an excellent quality of life for wealth building that have no purpose but to be accumulated.
An example of such a person is old Mr. Chapman. He used to go around streets looking for junk that others have discarded so he can sell them off for whatever amount he can get. Mr. Chapman had never become rich because he lived the same way until he died after several years.
When he died, there were no known relatives who lived nearby so the police came to account for whatever was left in his home. As you can expect, the house was filled with old memorabilia and furnishings from all the years he roamed the streets. What was unexpected were the boxes of cash that amounted to more than $100,000 that was stashed away in his place.
You would think that $100,000 is the very definition of financial freedom; but not one person could say that the elderly junk dealer was ever a success. He had the dusty money, but because he never used it for himself or other people-the cash was as good as the old cast-offs he used to collect.
Do not misunderstand, one must never recklessly spend all his money in vain pursuit of things. What this means is that money is there for you to enjoy a truly excellent quality of life. Manage your finances well, but never lose perspective on the purpose and position money places in your life.
You might deem Mr. Chapman a really foolish old man; but if you think about it, there are many people who had become rich but are guilty of doing the same thing-- amassing wealth for no purpose but to have a pretty figure in their bank account. Remember, your success is not the amount of money that you have-it is measured by the quality of life that you have lived.
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